Financial Services
CIMB profits rise in Q2 2026 amid market pressures
CIMB Group Holdings Berhad has reported a net profit of RM1.94b for the second quarter of 2026, marking a 1.2% increase from the previous quarter....
SMBC Asia Rising Fund and Singtel Innov8 invest in fileAI
fileAI, an enterprise intelligence company, has received investment from SMBC Asia Rising Fund and Singtel Innov8 to support its expansion in Japan and the launch...
Asia Pacific to eclipse US in financial services by 2035
Asia Pacific's financial services industry is projected to generate $4.8t in economic value by 2035, surpassing the United States, according to a new report by...
CIMB’s tokenised sukuk pilot challenges Malaysia’s financial norms
CIMB Group, through CIMB Islamic Bank Berhad, has successfully completed a pilot project for the settlement of tokenised sukuk using tokenised deposits. This initiative, part...
Singapore fintech investment moderates in H1 2026 as capital focuses on larger deals
Singapore's fintech sector experienced a significant decline in investment during the first half of 2026, drawing US$499m across 53 deals, as reported by KPMG's Pulse...
UOB prices 1 billion in EUR-dominated dual-tranche covered bond
United Overseas Bank (UOB) has successfully priced a €1b dual-tranche covered bond, marking its first euro-denominated covered bond issuance of 2026. The transaction, which includes...
Toku deepens grip on Malaysia’s banking sector
Toku Ltd, a Singapore-based AI-powered customer experience platform, has announced a significant new engagement with a leading Malaysian banking group. This five-year contract, secured in...
StashAway targets legacy planning with MakeGoodwill buy
StashAway, a digital investment platform, has announced the acquisition of MakeGoodwill, a Singapore-based digital wills platform, to expand its wealth management services into legacy planning....
HSBC revamps leadership in Singapore and across Global India amid market pressures
HSBC Private Bank has announced a series of senior appointments to strengthen its leadership across Global India and Singapore, aiming to better serve entrepreneurs and...
StorHub secures S$406m sustainability loan
StorHub Self Storage Group, the largest self-storage operator in Asia Pacific, has launched its Group Sustainable Finance Framework and secured a S$406 million Sustainability-Linked Loan...
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First Resources revenue climbs 44.5% in H1
Malaysia secures RM7m bioeconomy deals with Taiwan
Olam Agri expands strategy post-SALIC takeover
Temasek shophouse boosts local growers with new market
CIMB Islamic injects investment into agropreneurship
Maybank extends S$65M to support Singapore’s fourth egg farm
Aonic secures $10m funding for drone expansion
Asian protein buyers trail in sustainability efforts
Allianz expands Orang Asli program, impacts 1,318 villagers
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